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reagan on social security reform we can add years of solvency and to medicare and do it and increase benefits like with obama care and we need both sides to be willing. i know the democrats are willing. president obama's willing to sit down at the table. what we don't need to do i can tell you is cut benefits. that's something that i don't think is the first thing that should be put forward. we have a lot of opportunity to continue to make reforms in medicare, make sure we build in more efficiencies to the program so we can add the years of solvency. >> what about eligibility age change? >> well, eligibility age change would fall in the realm of benefit cuts. we need to focus like i said first on making sure we build in more efficiencies to the program. we have been able to from obama care make sure that with that $716 billion in savings plowed in to waste, fraud and abuse -- fighting waste, fraud and abuse we have collected more than $10 billion in fraudulent medicare payments and we can make more progress in that area, as well. >> thank you so much. i greatly appreciate you joining
reagan on social security reform we can add years of solvency and to medicare and do it and increase benefits like with obama care and we need both sides to be willing. i know the democrats are willing. president obama's willing to sit down at the table. what we don't need to do i can tell you is cut benefits. that's something that i don't think is the first thing that should be put forward. we have a lot of opportunity to continue to make reforms in medicare, make sure we build in more...
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we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will w
we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there...
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he went in there with one goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamantings president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you congressional republicans were happy with his response. they like to know there is some give. here's where the give could be, chris. nobody's talked about this. i mean, there's been some behind the scenes chatter on this, which is you could see tax rates temporarily go up just not all the way to 39%. it could be somewhere in the middle. ends up being the compromise for the one year. don't forget, this is all about setting the tax rates simply for 2013, while they negotiate larger tax reform. so, that could be what the wiggle room is. obviously, republicans have said they don't want to raise tax rates at all. they're fine
he went in there with one goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamantings president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you...
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so eisenhower, fdr, ronald reagan and barack obama. i think the idea that barack obama does not have a historic mandate when 44 men have been president and seven did what he did in two terms, he got 69 million votes the first time, 62 million votes the second time, i think he has a mandate. the things to be done that are great in this election happened to fall on the progressive side, in part because the republican party and conservatism has gone so far right things that used to be centrist, like environmentalism, which was a teddy roosevelt thing which even richard nixon was in favor of. >> john mccain. >> newt gingrich. >> these things have been now reclassed as liberal, right. the victories that the president has a chance to get which are historic, like on climate change, on immigration, are now progressive ideas because they've been left behind. >> it's now almost up to the republican party to grab a piece of that pie to say this is our victory too when in reality if they had done it earlier -- >> let's don't get in debate about th
so eisenhower, fdr, ronald reagan and barack obama. i think the idea that barack obama does not have a historic mandate when 44 men have been president and seven did what he did in two terms, he got 69 million votes the first time, 62 million votes the second time, i think he has a mandate. the things to be done that are great in this election happened to fall on the progressive side, in part because the republican party and conservatism has gone so far right things that used to be centrist,...
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ronald reagan did it with a democratic house after a resounding second term victory. as did bill clinton with the republican controlled house and republican controlled senate after a more resounding second term victory then president obama. both examples, both of them, illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected by founding his nose at the other side and insisting that if republicans are not willing to do things his way he will not do anything at all. if the president is serious, he will follow the lead of president reagan and clinton. if he is really serious, he will put the campaign rhetoric aside, propose a realistic resolution that can pass a republican controlled house and a divided senate, and work to get it done. if the president acts in this spirit, i have no doubt he will have the support of his own party and a willing partner in hours. the american people will criticize of relief knowing not only that we have avoided a crisis, but tha
ronald reagan did it with a democratic house after a resounding second term victory. as did bill clinton with the republican controlled house and republican controlled senate after a more resounding second term victory then president obama. both examples, both of them, illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected by founding his nose at the other side and insisting that...
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think of ronald reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and a republican congress doing a welfare reform and actually balancing the budget. so we look forward to making this divided government productive for the american people, and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward, and we lookford to being part of the solution to -- look forward to being part of the solution to these significant problems. i'll send it over to our new minority whip, senator cornyn of texas. >> thanks, mitch. it's an honor to be elected by my colleagues to serve as the whip, the assistant leader on the republican side. as leader mcconnell has said, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in the lame
think of ronald reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and a republican congress doing a welfare reform and actually balancing the budget. so we look forward to making this divided government productive for the american people, and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk...
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. >> ronald reagan and jack kemp -- the party of upward mobility, that didn't seem to be the republican party this year. now, maybe it was because of this very effective attack campaign against mitt romney and bain capital and 47% of all that stuff. but i think hispanics and asians -- and a lot of women, they didn't vote for the republican party not just if you are hispanic because you think their anti-immigrant, but because it doesn't seem like the kind of party that will create a country in which you are were going to have a chance to rise. it seems, by their own statement and also by the definition the democrats gave them, is a more exclusive thing. if republicans don't change that, their future is not good enough let me just say that it he would've been allowed to be out there a little bit more -- he was a jack kemp disciple. i think it's remarkable that we could reelect an african-american president with the name of barack obama at a time when you had almost 9% unemployment in the country was suffering economically. no that tells me something about who he was running against. i'm n
. >> ronald reagan and jack kemp -- the party of upward mobility, that didn't seem to be the republican party this year. now, maybe it was because of this very effective attack campaign against mitt romney and bain capital and 47% of all that stuff. but i think hispanics and asians -- and a lot of women, they didn't vote for the republican party not just if you are hispanic because you think their anti-immigrant, but because it doesn't seem like the kind of party that will create a...